◆Modi to kick off nationwide Make-In-India campaign by month-end
【New Delhi】PM Narendra Modi is likely to announce by this month-end a mega nation-wide campaign called 'Make-In-India' to boost domestic manufacturing as also a strategy, in partnership with state governments, to attract more foreign investment.
Also in the works is an announcement on a composite foreign investment cap (including foreign direct, portfolio, institutional and venture capital investments besides non-resident Indian investments) for all sectors to simplify norms and bring clarity. This will be followed up by roadshows overseas.
【News source】